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Dear Jack,
This Barron's article was e-mailed to this user group in August 1998.
I don't know from what issue this quote came.
Onno
At 06:54 PM 11/4/00 -0500, you wrote:
>Onno,
> which barrons did u get that from ? I'd like to pick up a copy if
it's
>current.
> Jack
>
>Onno Goedknegt wrote:
>
>> >From Barrons:
>>
>> "Robert Prechter, the el supremo guru of the 'Eighties, whose Elliott Wave
>> technical system has caused him to fire mostly blanks in the past decade. In
>> any event, he claims that a bear market has begun that pushes the Dow below
>> 4000, perhaps by the end of December. And before the bear market finally
>> bottoms out in 2003 or 2004, a nuclear winter will descend on Wall Street,
>> sending the Dow reeling into the realm of "triple digits" (i.e., below
>> 1000). "Markets move on predictable waves in mass psychology and not policy
>> mechanics," he asserts. "Thus, one should get ready for the biggest bear
>> market in our history."
>>
>> At 09:27 AM 11/4/00 -0600, you wrote:
>> >I seem to recall that Prechter wrote a doom-and-gloom book a few years ago
>> >predicting a massive decline in the markets. Of course, it didn't happen.
>> >If he keeps predicting big declines, sooner or later he'll be right.
>> >However, I don't think that he, or anyone else, can predict the future with
>> >accuracy. If he really could, why would he waste his time writing
>> >newsletters? He would be richer than Bill Gates.
>> >
>> >That's just my opinion.
>> >
>> >Tom
>> >
>> >At 02:19 PM 11/4/2000 +0100, you wrote:
>> >>More about Robert Prechter at: http://www.elliottwave.com
>> >>
>> >>
>> >>At 09:32 PM 11/3/00 -0500, you wrote:
>> >> >I just received Oct's copy of "The Elliott Wave Theorist" by Robert
>> >> Prechter.
>> >> >I've heard nothing but good things about Prechter but know very little
>> >> of his
>> >> >past
>> >> >predictions on the markets..
>> >> >He's calling for a decline in the financial markets that isn't
expected to
>> >> >bottom until 2003 - 2004 .. he mentions July 4 '04 as a likely target
for a
>> >> >bottom.
>> >> >If anyone has knowledge of Prechter's past predictions and how
credible he
>> >>is or
>> >> >
>> >> >isn't please let me know. I specifically heard a rumor that he was
>> >> bearish in
>> >> >'98
>> >> >and missed the bull market.... I find this hard to believe but I thought
>> >>I'd ask
>> >> >anyway.
>> >> > thanks ,
>> >> > Jack
>> >> >
>> >> >Lionel Issen wrote:
>> >> >
>> >> >> Yes, please tell me how I can get a copy. Do you have the isbn# and
>> >> name of
>> >> >> publisher?
>> >> >> Lionel Issen
>> >> >> lissen@xxxxxxxxx
>> >> >> ----- Original Message -----
>> >> >> From: "Jack Assante" <Blastoff@xxxxxxxxxxx>
>> >> >> To: <metastock@xxxxxxxxxxxxx>
>> >> >> Sent: Friday, November 03, 2000 4:40 PM
>> >> >> Subject: Re: COHR
>> >> >>
>> >> >> > "Profits in the Stock Market" H.M.Gartley. I can even tell you how
>> >> to get
>> >> >> a
>> >> >> > copy if interested.
>> >> >> > Jack
>> >> >> >
>> >> >> > Lionel Issen wrote:
>> >> >> >
>> >> >> > > Gartley probably refers to the author of a book published about 30
>> >> years
>> >> >> > > ago. Does anyone have the title of Gartley's book?
>> >> >> > > Lionel Issen
>> >> >> > > lissen@xxxxxxxxx
>> >> >> > > ----- Original Message -----
>> >> >> > > From: "David J" <magnatizer@xxxxxxxxxxx>
>> >> >> > > To: <metastock@xxxxxxxxxxxxx>
>> >> >> > > Sent: Thursday, November 02, 2000 9:32 PM
>> >> >> > > Subject: Re: Re:COHR
>> >> >> > >
>> >> >> > > > This link has two charts. The top chart is a bull Gartley
and the
>> >> >> bottom
>> >> >> > > is
>> >> >> > > > a bear butterfly
>> >> >> > > >
>> >> >> > > > http://www.harmonictrader.com/charts.htm
>> >> >> > > >
>> >> >> > > > Both patterns contain ABCDs and a X starting point. In a
gartley D
>> >> >> stops
>> >> >> > > > within a retracement level of XA. In a butterfly D extends
past X.
>> >> >> > > >
>> >> >> > > > David
>> >> >> > > >
>> >> >>
_________________________________________________________________________
>> >> >> > > > Get Your Private, Free E-mail from MSN Hotmail at
>> >> >> http://www.hotmail.com.
>> >> >> > > >
>> >> >> > > > Share information about yourself, create your own public
profile at
>> >> >> > > > http://profiles.msn.com.
>> >> >> > > >
>> >> >> >
>> >> >
>> >
>
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